11th BPS Minutes of Meeting - IBA Agreed on 10% Hike with Performance Linked Pay (PLP) - 11th Bipartite Wage Revision - Latest News

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Thursday, 29 August 2019

11th BPS Minutes of Meeting - IBA Agreed on 10% Hike with Performance Linked Pay (PLP)

11th Bipartite Wage Revision (11th BPS) latest updates - Minutes of meeting held  on 29th August between UFBU and Indian Bankers' Association (IBA). In this meeting IBA had not discussed anything with the Bankers' Union and asked them to draft the proposal on Performance Linked Pay (PLP).


IBA had earlier discussed the modalities of Performance Linked Pay (PLP) with the Bankers' Union. IBA had formed a sub-committee for working out the modalities of Performance Linked Pay.

UFBU decided to meet on 11th Sept to deliberate on this and take a view. Aibea office bearers will meet on 10th Sept. 

I believe that the 11th Bipartite is history now !!!

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